The force is strong here.
Correct.
Helpfull cannot read.
Never did get the hang of it.
"early stages of the Sandjet rigless testing programme"
Much like a sports programme on TV which starts hours before a ball is kicked or thrown. A lot of talking by experts but no play.
Be careful. |
From RNS 6th June (3 weeks ago)
"Commencement of Sandjet rigless testing programme.
The early stages of the Sandjet rigless testing programme HAVE COMMENCED with the arrival of some well services equipment at the MOU-3 well site and the preparation of the well for re-entry and perforating.
Extensive operations at MOU-3 are anticipated to last for at least five weeks before moving to the next well in the Sandjet testing programme."
I am going to make a guess that Helpfull can't read. |
The force is strong here.
I am going to make a guess that the sandjet testing has not started yet.
Expect an "avoidance of doubt" RNS.
Along with a cash raise.
The miss of the license extension earlier in the year was kindly put down to "taking the eye off the ball".
I expect Mou-5 will not be drilled until the license and the cash raise are sorted.
Usual shenanigans in Morocco.
Be careful. |
Thanks westie. I'm quite relaxed about my position now. I had rather too much of it in my portfolio before for my own good.It's within a mini portfolio of 3 O&G shares now: prd, lbe, eco. ATB. |
Divmad -- I'm waring my rose tints '' the flow testing hasn't happened - because it's only just happening '' LOL Cheer up m8 , I'm not picking a fight -- GL to you. |
I suppose I've lost a lot of my patience with prd as I've been a shareholder for nearly 2 years now, and still the flow testing hasn't happened. Yet there have been at least 2 placings and no net change in share price I've kept my core holding but the rest has gone elsewhere. |
The only part of the plan that failed was the timing of spudding MOU 5 . Delays are common place in the O + G industry. We all want to get drilling , some of us more patient than others. Then of cause there are others who try to high light any negative possible , for their own agenda . |
Exactly. That plan, dated Feb 5th, went well, didn't it. |
Just for you >>>--divmad---------> (-;
Extension of 2022 Star Valley Rig 101 rig contract
Highlights
•ɨ00; Star Valley Rig 101 contracted to drill MOU-5 during April - May 2024
•ɨ00; MOU-5 will target the 177km² Jurassic structure
•ɨ00; Fully-funded based on reduced well cost and discretionary cash
Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey based Oil and Gas Company with near-term operations focussed on Morocco and Trinidad, is pleased to announce that it has signed an extension to the Company's 2022 rig contract for the use of the Star Valley Rig 101, which is currently available in Morocco. |
Morning 🤠 |
Morning 😭 |
The uncertainty over when MOU-5 will be drilled, and how it is going to be funded, I suppose. |
With the lack of news, but I’ve just added on the dip |
not impressed with what ? |
Soon be afternoon! 🌞 |
Market is not impressed |
mp -- I thought we had the rig after SOU. Anyone else thought so ? |
SOU demobilised rig.. today's RNS . Where next? |
Morning everyone 🤗 |
Morning everybody 😎 |
Well said, nametrade.Ohdearohdear, your latest attempts at character assassination are about as useless as your drilling timing predictions. But keep it up. We generational British love a bit of comedy. |
Oh dear….. it’s nothing to do with where you come from ffs…. It’s the fact that 6 million people have turned up in a very short space of time and there is not the infrastructure or services in the country to deal with it…. also you cannot socially integrate that many people into your own culture that quickly with a country of our size… That is basic.. Facts of life… don’t complain about housing, nhs, schools, pensions, roads etc etc if your happy letting in millions of people that have not paid into the system…. |